Microsoft working on a smartwatch?

Coca-Cola Co.
KO, +2.49%
a big gainer in the stock market this year, reported that earnings fell 15% to $1.75 billion, or 39 cents per share, largely due to restructuring costs. Adjusted earnings came in at 46 cents per share, above analyst expectations of 45 cents.

Shares of Coca-Cola climbed 2.7% in pre-market trading.

Yahoo
YHOO, +0.85%
will report earnings after the market closes. Wall Street Analysts expect the internet giant to post earnings of 25 cents a share and net revenue of $1.1 billion, according to FactSet. The company has been in focus after reports that it has discussed expanding its partnership with Apple Inc.’s
AAPL, +1.63%
iPhone and iPad products, and after its acquisition of the newsreader app Summly. Investor sentiment has improved under Chief Executive Marissa Mayer’s leadership and shares have rebounded to their May 2008 level.

Intel Corp.
INTC, +0.17%
is scheduled to report first-quarter results after the close. Analysts polled by FactSet project earnings of 40 cents a share and sales of $12.6 billion.

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